Dec 29, 2013

Google Alert - Business News

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France's Hollande Gets Court Approval for 75% Millionaire Tax Bloomberg
French President Francois Hollande announced the 75 percent tax in February 2012 as part of his presidential campaign to appeal to his Socialist base. Close. Close. Open. Photographer: Francois Guillot/AFP via Getty Images. French President Francois ...
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Stocks $3.7 Trillion Year Beats Bonds Most Ever as Funds Revive Bloomberg
Traders work on the floor of the New York Stock Exchange (NYSE) in New York. The... Read More. Traders work on the floor of the New York Stock Exchange (NYSE) in New York. The Standard & Poor's 500's gain this year created more stock market value in ...
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Japan shares seek to end bumper year on high note Reuters
SYDNEY (Reuters) - Japanese shares looked to end a stellar year with a flourish, rising to another six-year peak as the yen skidded to fresh lows for a third straight session, again leaving behind other Asian markets. Tokyo's Nikkei .N225 added 0.3 percent in ...
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Chinese PM Li Keqiang pledges 'appropriate liquidity' in 2014 Reuters
SHANGHAI (Reuters) - Chinese Premier Li Keqiang has said that the government will keep liquidity at an appropriate level in 2014 to maintain the stability of financial markets and the broader economy. He made the remarks during a recent inspection tour to ...
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Crocs, Inc. Announces Financial Partnership with Blackstone, Expands Share ... MarketWatch
NIWOT, Colo., Dec. 29, 2013 /PRNewswire via COMTEX/ -- Crocs, Inc. (NASDAQ:CROX) today announced that an investment fund affiliated with Blackstone has agreed to purchase $200 million of newly issued series A convertible preferred stock (the ...
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AP IMPACT: The World Braces for Retirement Crisis ABC News
A global retirement crisis is bearing down on workers of all ages. Spawned years before the Great Recession and the financial meltdown in 2008, the crisis was significantly worsened by those twin traumas. It will play out for decades, and its consequences ...
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Defined by Critics, Big Ag Restarts Conversation ABC News
Add one more item to the list of chores that Larry Hasheider has to do on his 1,700-acre farm: defending his business to the American public. There's a lot of conversation about traditional agriculture recently, and much of it is critical. Think genetically modified ...
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Yen drops to five-year low, European currencies shine Reuters
TOKYO (Reuters) - The yen dropped to five-year lows against the dollar on Monday, extending losses to more than 17 percent for the year on a mix of improving sentiment on the global economy, rising investor risk appetite and expectations of more central ...
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Insight: Italy's Chinese garment workshops boom as workers suffer Reuters
PRATO, Italy (Reuters) - Shen Jianhe lost both her job and home when Italian police shut down her garment factory in the Tuscan city of Prato. By day, the 38-year-old mother of four would sew trousers at one of the nearly 5,000 workshops run by Chinese ...
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Venezuela Says It Receives $5 Billion Promised by China Wall Street Journal
CARACAS, Venezuela—Venezuelan President Nicol├ís Maduro said China has given his country $5 billion in credits under a deal reached in September. Mr. Maduro said on Saturday that the money will be used in areas such as housing, transportation, ...
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Health law may not broaden access to mental treatment USA TODAY
WASHINGTON — The Affordable Care Act requires insurers to cover mental health care just as they do physical care, but a new study shows only half of psychiatrists accept insurance. That means access to care for the millions of people with depression, ...
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Closing the chapter: '13 lessons for investors Boston Globe
NEW YORK — Successful stock investors followed some simple advice this year: Don't worry, be happy. Next year, though, they will need to temper that rosy approach. In 2013, investors who blocked out the scary headlines about a possible government ...
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Drought brings water rationing orders Sacramento Bee
December is usually not the time of year to discuss water rationing. But this holiday month has been so dry that mandatory water conservation orders are beginning to sweep across the Sacramento region. The city of Folsom led the pack on Monday, imposing ...
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40 and 60-watt incandescent light bulbs banned New Year's Day WWSB ABC 7
SARASOTA, FLA. - Steve Holm was a busy man at Lowe's on Sunday. The electrical department manager had plenty of customers with questions due to the January 1st ban on 60 and 40-watt incandescent light bulbs. "Basically the law says that ...
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Sony to give up on sale of its battery unit: media Reuters
TOKYO (Reuters) - Japan's Sony Corp has decided not to sell its lithium-ion battery unit, media reported on Sunday, in a gamble that it can turn the business around with a weak yen and growing demand for smart phone batteries. In addition to a weak yen, ...
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Federal health market surpasses 1 million sign-ups USA TODAY
WASHINGTON — Enrollment in the federal health insurance exchange surged in December, with almost half of the 975,000 signing up in the days before a Dec. 24 deadline. The new numbers, announced by the administrator for the Centers for Medicare and ...
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Japan auto makers to boost domestic output before sales tax hike: media Reuters
TOKYO (Reuters) - Japanese automakers will ramp up production early next year because they expect a big increase in car purchases before a sales tax hike in April, media reported on Sunday. Toyota Motor Corp (7203.T) will increase domestic output in ...
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As Health Law Unfurls, Some Key Dates Wall Street Journal
In just three days, the federal health overhaul will hit a key milestone: New Year's Day is when much of the law swings into effect, including the coverage that consumers have bought on the new government-operated insurance websites. Those online ...
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Tempers flare as power outages persist in Michigan, Maine Los Angeles Times
Flo Baerren of Lansing, Mich., was planning on giving her granddaughter a hand-knit quilt for Christmas when she went to Chicago to see family for the holidays. Instead, the 68-year-old found herself renting a room at a Hampton Inn in Jackson, 38 miles ...
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Snyder OKs testing driverless cars on Michigan roads Detroit Free Press
LANSING, MICH. — Gov. Rick Snyder says he has signed two bills that allow the testing of automated motor vehicles on Michigan roads. Snyder says the bills follow his call for such legislation in his 2013 state of the state address. He says Michigan "is the ...
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Box of 28 baby chicks left outside LI pet store Wall Street Journal
HEMPSTEAD, N.Y. — Someone left a box of 28 baby chicks outside a Long Island pet store. Newsday reports (http://bit.ly/1cduZLm ) that the chicks are being cared for at a veterinarian's office in Valley Stream. But employees at the vet's office say they don't ...
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New Ohio law on puppy mills to take effect Jan. 1 Houston Chronicle
COLUMBUS, Ohio (AP) — Regulations meant to crack down on puppy mills in Ohio will require licenses for breeders and clean cages for dogs. The licensing requirements that take effect with the new year mean dog breeders who produce at least nine litters ...
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Rulers fiddle with monetary policy, as jobs crisis persists The Militant
As Ben Bernanke, chairman of the Federal Reserve, prepares to hand over the appointed post to Obama administration pick Janet Yellen, he announced Dec. 13 plans to taper the Fed's "quantitative easing" monetary scheme, whose stated purpose was to ...
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Boston Restaurant Group Reveals Data Breach WTMA
(BOSTON) -- The Briar Group, the operator of a number of notable Boston-area restaurants confirmed on Friday that its customers may have been the target of credit card data theft. The group owns eight restaurants in Boston, and said on Friday that the theft of ...
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Frustrated Lansing Board of Water and Light customers: 7 commonly asked ... MLive.com
J. Peter Lark, general manager of Lansing Board of Water and Light, answers questions at a press conference Saturday about how the Lansing-owned utility is handling a power outage caused by a Dec. 22 ice storm. (Meegan Holland | MLive.com). Print.
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Ethanol producers fret about mandate DesMoinesRegister.com
WASHINGTON — After generating more than 3.7 billion gallons in 2013, Iowa's ethanol industry faces uncertainty next year as the U.S. government decides the future of a controversial rule mandating the blending of ethanol in gasoline, a trade group said ...
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Salvage crews will attempt to refloat grounded Seaway vessel WatertownDailyTimes.com
CAPE VINCENT — The Montreal-bound cargo vessel Orsula remained grounded off Tibbetts Point for a third day as salvage operations were expected to begin late Friday. No fuel leak, pollution or injuries were reported. Local divers surveyed the vessel and ...
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The 2 Obamacare Deadlines You Need to Know DailyFinance
It has taken almost three full months, but Obamacare's state and federally run health exchanges are finally operating as expected. The road to this achievement, though, hasn't been easy. Over the first two months since the federally run Obamacare website ...
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